Need to explain these 3 graphs in own words. ( explain in short ) 4-Data Table and Visual Representation4.1- Data TableIn the table below, we will see the change in the economicdata of the USA from 2017 to 2020.Variable/Year2017 ► 20184-year average2019 - 202055,886 53,748Real GDP/Capita53,36354,95354,488Growth Rate of Real GDP/Capita1,72,51,7-4,30,4Inflation Rate2,132,441,811,231,9Unemployment Rate4,363,93,678,315,06Interest Rate4,23,994,463,724,09Bank Rate3,754,55,54,754,63Exchange Rate118,54109,57114,96115,13144,55Supply of Money3,613,983,993,834.2- Diagrams4.2.1-Real GDP/ Capita Diagram56,5565554,55453,55352,552GDP/Capita2017 2018 2019 20204.2.2-Growth Rate of Real GDP/Capita210Growth Rate of Real GDP/Capital2017 2018 2019 2020Inflation Rate2017 2018 2019 2020-1-24.2.3-Inflation Rate2,521,510.504.2.4- Unemployment Rate

The Real GDP/Capita, Growth rate of Real GDP/Capita, Inflation rates, interest rates, bank rate, etc…

4.1- Data Table In the table below, we will see the change in the economic data of the USA from 2017 to 2020. Variable/Year 2017 2018 2019 2020 4-year average Real GDP/Capita 53,363 54,953 54,488 Growth Rate of Real GDP/Capita 1,7 2,5 0,4 Inflation Rate 2,13 2,44 1,9 4,36 3,9 5,06 Unemployment Rate Interest Rate 4,2 3,99 4,09 Bank Rate 3,75 4,5 4,63 Exchange Rate 118,54 144,55 109,57 3,75 Supply of Money 3,61 3.83 4.2- Diagrams 55,886 1,7 1,81 3,67 4,46 5,5 114,96 3,98 53,748 1,23 8,31 3,72 4,75 115,13 3,99

4.1- Data Table In the table below, we will see the change in the economic data of the USA from 2017 to 2020. Variable/Year 2017 2018 2019 2020 4-year average Real GDP/Capita 53,363 54,953 54,488 Growth Rate of Real GDP/Capita 1,7 2,5 0,4 Inflation Rate 2,13 2,44 1,9 4,36 3,9 5,06 Unemployment Rate Interest Rate 4,2 3,99 4,09 Bank Rate 3,75 4,5 4,63 Exchange Rate 118,54 144,55 109,57 3,75 Supply of Money 3,61 3.83 4.2- Diagrams 55,886 1,7 1,81 3,67 4,46 5,5 114,96 3,98 53,748 1,23 8,31 3,72 4,75 115,13 3,99

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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